TGI Friday’s abruptly closes 50 more restaurants across the US as bankruptcy fears hit iconic restaurant chain ...Middle East

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TGI Friday’s abruptly closes 50 more restaurants across the US as bankruptcy fears hit iconic restaurant chain
A POPULAR restaurant chain has quietly closed almost 50 restaurants following reports it is headed for bankruptcy.  TGI Fridays shuttered 49 store locations over the past week according to the website’s store locator, bringing its restaurant footprint down to 164 stores. GettyTGI Fridays has faced a raft of financial challenges in recent months amid high inflation[/caption] GettyTGI Fridays has closed up to 100 restaurants this year alone[/caption] The closures come after Bloomberg reported the burger chain was preparing to file for bankruptcy over the next few weeks. It is just the latest in a swathe of closures for the 59-year-old restaurant chain. The group clo

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